6th Sep 2018 11:34
B"H
6 September 2018
Shefa Yamim (A.T.M.) Ltd
("Shefa Yamim" or the "Company")
Result of AGM
Shefa Yamim (LSE: SEFA), a precious stone exploration company in Northern Israel, announces that at the Annual General Meeting of the Company, held earlier today, all resolutions were duly passed.
- Ends -
Enquiries
Shefa Yamim (A.T. M.) Ltd | |
Avi Taub, Chief Executive Officer www.shefayamim.com | +44 20 7618 9100 |
VSA Capital Limited - Financial Adviser and Broker | |
Andrew Raca, Stephanie Jury | +44 20 3005 5000 |
Daniel Stewart & Company - Joint Broker | |
Jon Levinson, Richard Potts | +44 20 7796 4648 |
Luther Pendragon | |
Harry Chathli, Ana Ribeiro, Alexis Gore | +44 20 7618 9100 |
About Shefa Yamim (A.T.M.)
Shefa Yamim is a multi-commodity precious stone exploration and prospecting Company in Northern Israel. It has two flagship projects, Mount Carmel (volcanic primary bedrock sources of gemstone and industrial minerals) and the Kishon Mid Reach (secondary alluvial placer deposits hosting the gemstone and industrial minerals derived from primary bodies).
After 19 years of exploration in a "greenfields" terrain, Shefa Yamim established a "Source to Sink" geological model and the presence of a Target Mineral Assemblage ("TMA") in both primary volcanic sources and in secondary alluvial deposits lying within the Kishon catchment, on Mount Carmel and in the Ramot Menashe area.
The TMA comprises gemstones and industrial minerals. The gemstones collectively make up the "Gem Box" suite, comprised of diamond (rare and small macro-diamond to microdiamond sizes), natural moissanite (that is rare globally), sapphire, ruby, Carmel Sapphire™ (a new sapphire type found, to date, only in northern Israel), hibonite (another rare gem), garnet, ilmenite and spinel. The heavy industrial minerals constitute the "HIM" suite hosting zircon (which may be gem grade at larger sizes) and rutile.
www.shefayamim.com
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